China has been pushing the development of “new infrastructure” which includes the development of technology like 5G and artificial intelligence. Tencent’s investment will bolster that effort. ( read original story …)
Featured Posts Title
Shenzhen dethrones Shanghai, Beijing as China’s top industrial powerhouse, mayor boasts
Young Americans are embracing ‘Chinamaxxing’. That’s a soft power boost for Beijing
Germany’s Merz lands in Beijing hoping to reset ties, as China boasts its massive market
3D printing fuels creative boom in Chinese New Year gifts
PONY AI Inc. Robotaxis Deliver Strong Chinese New Year Holiday Performance with Record Paid Orders in Shenzhen
Trump tariff chaos gives Beijing a win before Xi meeting
Germany’s Leader Heads to China and Walks a Tightrope Between Xi and Trump
Recent Posts
Tencent pledges $70 billion investment in high-tech areas as Beijing pushes digital infrastructure
Asia Pacific stocks mixed as U.S.-China tensions dampen investor sentiment
Stocks in Asia Pacific were mixed in Wednesday afternoon trade as investors weighed the potential impact of rising tensions between Washington and Beijing against economies reopening, as coronavirus … ( read original story …)
In Hong Kong and beyond, China moves to consolidate position of strength as pandemic fades
This is by no means the first time Beijing has flexed its muscles in the South China Sea, or engaged in border disputes with India. But with political leaders in Washington and Ne … (…
Hong Kong leader tries to reassure investors rattled by China law
China’s plans to impose a new security law on Hong Kong will “only target a handful of lawbreakers”, the city’s leader said Tuesday, as she tried to reassure international businesses and investors … ( read…
Stock futures fall slightly as investors weigh economy reopening and US-China tensions
U.S. stock futures fell slightly in overnight trading and pointed to modest losses at the open on Wednesday, as investors juggled optimism about the reopening of the economy and a possible coronavirus … ( read…
China reports 7 new mainland COVID-19 cases vs 11 a day earlier
China reported 7 new confirmed coronavirus cases in the mainland as of end-May 25, up from 11 a day earlier, the National Health Commission reported. The commission said in a statement all of the new…
China might starting using coronavirus vaccines this year, even if trials haven’t been completed
Various coronavirus vaccine development programs have advanced at a rapid pace, with several candidates proving that they’re safe and effective in pre-clinical and clinical trials. Some drugs are … ( read original story …)
What is China’s proposed national security law for Hong Kong?
China has said it will impose national security legislation on Hong Kong, reigniting street protests and sparking international condemnation. If enacted, the legislation will mark the first time that … ( read original story …)
Asia Pacific stocks set to trade mixed as investors weigh U.S.-China tensions, economies reopening
Stocks in Asia Pacific were set to trade mixed as investors weighed the potential impact of rising tensions between Washington and Beijing against the reopening of economies as measures to contain the … ( read…
Beijing bans Hong Kong judges in treason trials
Beijing plans to exclude Hong Kong’s foreign judges from national security cases, a move that protesters fear could mark the end of the territory’s judicial independence, one of the cornerstones of … ( read original…
China’s Military Vows to ‘Punish’ Any Attempts to Separate Hong Kong
Major General Chen Daoxiang said the proposed Hong Kong national security law will “help to curb and punish any attempt to jeopardize the national unity, deter separatists and foreign interference.” … ( read original story…
Trump says U.S. to take action on China over Hong Kong this week
U.S. President Donald Trump said on Tuesday he is preparing to take action against China this week over its effort to impose national security laws on Hong Kong, but did not give details. ( read…
Hong Kong ‘hard to see’ as finance hub if China takes over: W.House
President Donald Trump is “displeased” with China’s proposed crackdown in Hong Kong and has doubts over the territory’s future as a global financial center if it goes ahead, the White House said … ( read…
